• Source:JND
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Amazon Layoff News:  To reduce expenses, e-commerce giant Amazon Inc. plans to fire 14,000 managers by the beginning of 2025, according to reports from many media outlets on Tuesday, March 18.

According to reports, the corporation hopes to save between $2.1 billion and $3.6 billion a year with this 13% decrease in staff. The company will have 91,936 managers instead of the present 1,05,770 managers after these management job losses.

In a social media post on X, Gurmeet Chadha, the managing partner and chief investment officer (CIO) of Complete Circle, criticised Amazon, saying that these layoffs are only filled with business jargon and the development of artificial intelligence.

“Amazon is laying off 10000 more people after laying off 18k in November. They call their HR heads as People experience head, chief people officer and fancy names.. employees r called families. Sab drama!!” said Chadha.

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The CIO also emphasised that artificial intelligence (AI) and other technologies that cause humans to suffer are "useless."

“Call me old school but I value people more than anything else. Any innovation as Guru Nanak Devji said, shud keep people welfare ( Sarbat da bhalla) as the core,” he said.

Amazon Plans Layoffs

According to a January 2025 Business Insider report, persons with knowledge of the situation claim that Amazon instructed certain of its managers to cut back on senior hiring, increase the number of direct subordinates, and lower the salaries of some employees.

Andy Jassy, the CEO of Amazon, stated in September 2024 that he intended to raise the proportion of managers to individual contributors by 15% by the end of March 2025.